Utusan Melayu (Malaysia) Bhd - Announcements
Utusan Melayu (Malaysia) Bhd - Announcements
Utusan Melayu (Malaysia) Bhd - Announcements
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Notes T O T HE A CCOUNTS for the year ended 31 December 1999<br />
14. FIXED ASSETS (CONT’D.)<br />
ASSETS ACQUIRED UNDER FINANCE LEASE AND HIRE-PURCHASE AGREEMENTS (CONT’D.)<br />
(e) The net book values of revalued fixed assets of the Group and the Company that would have been included in the<br />
accounts had these assets been carried at cost less depreciation are as follows:-<br />
The Group The Company<br />
1999 1998 1999 1998<br />
RM RM RM RM<br />
Freehold land and buildings 242,682 250,772 242,682 250,772<br />
Long term leasehold land and buildings 3,804,514 3,994,739 3,804,514 3,994,739<br />
Short term leasehold land and buildings 3,420,391 3,534,404 3,420,391 3,534,404<br />
15. SUBSIDIARY COMPANIES<br />
The Company<br />
1999 1998<br />
RM RM<br />
Unquoted shares, at cost 29,182,298 28,642,298<br />
Less: Provision for diminution in value (1,772,286) (1,512,286)<br />
27,410,012 27,130,012<br />
Add: Amount owing by subsidiary companies 76,219,728 65,875,766<br />
Less: Amount owing to subsidiary companies (18,169,696) (19,718,992)<br />
85,460,044 73,286,786<br />
<strong>Utusan</strong> <strong>Melayu</strong> (<strong>Malaysia</strong>) Berhad<br />
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